Spoke briefly to the folks at Clayton and I know I’ll need a dealer’s license to go with their homes. I’m adding 5 lots on some open space in my park and the local small bank I have my loan with is willing to finance new homes, At 5%/5 year fixed and 25 year amortization I’d be nuts to say no.
I know I can get 700 a month all day long for a decent 2bd/2bath new home but the problem is I’m up in Montana and prices here are nuts. I know in the south and mid-west you can get a decent 90’s home for 10-12 grand but here that’s non-existent and you’re lucky to find 70’s junk in that range. Shipping costs from more affordable areas seem prohibitive. With median home prices around 200K where I’m at the demand is there and the numbers work but I’m having a heck of a time finding something affordable this far out.
So I was thinking of buying some Tru homes but the rep seemed to say the factory is in Indianapolis. Anyone ship them long distance? I’m gonna give them another call but I only need 4-5 homes and I know they’re looking for about 10. Hoping a simple cash direct purchase gets around that.
I’ve looked at some of their models, what are you guys paying for a 2bd/2bath? I can justify a premium for shipping if the price is right.